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Stocks in the news: Axis Bank, Vodafone Idea, Sun Pharma, Adani Ports, Cipla, SBI CardAxis Bank has launched its qualified institutional placement (QIP) on Tuesday to raise up to Rs 10,000 crore.
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… Read More- India has biggest disconnect between stock rally, economic gloomThe nation’s shares have logged the one of the best rebounds from the March lows globally while battling some of the world’s worst economic data. The surge has pushed up valuations to a record as investors look past the grim … Read More
- Maruti H2 sales may match year-earlier levels: RC BhargavaBhargava made a fervent pitch for tax concessions from the central and state governments and said they should recognise the importance of supporting faster growth of the car industry as a means of reviving the economy and cre… Read More
- Weekly options data hint at Nifty breaching 11,200Apart from buying a provisional 704 crore shares, FIIs net purchased 22,560 index futures contracts Tuesday, up from 3,370 contracts a day earlier. Option sellers in Nifty covered shorts big time, resulting in the weekly Nift… Read More
- Axis Bank launches Rs 10,000 crore QIP at Rs 442.29 floor priceThe lender is looking to mop up Rs 8,000 crore as the base deal size, with an option to increase the total funds raised by another Rs 2,000 crore.
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